Sum Assured under the Basic Plan - Minimum Sum Assured:5 years Premium Paying Term policies: For age at entry below 45 years: 10 times the annualised premium For age at entry 45 years and above: 7 times the annualised premium

Single Premium policies: For age at entry below 45 years: 1.25 times the single premiumFor age at entry 45 years and above: 1.10 times the single premium

Maximum Sum assured: 5 years Premium Paying Term policies: For age at entry below 45 years: 20 times the annualized premiumFor age at entry 45 years and above: 10 times the annualized premium

Single Premium Policies: 5 times the Single premium, if age at entry is upto 55 years.1.25 times the Single premium, if age at entry is 56 to 65 years.

A grace period of 30 days will be allowed for payment of yearly or half-yearly or quarterly premiums and 15 days for monthly (through ECS) premiums.

For detailed information visit the Samridhi page at LIC official website at http://www.licindia.in/samridhi_features.html